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The Phenomenon of Inflation

The Phenomenon of Inflation
Title: The Phenomenon of Inflation
Author:
Translation:Alexander L. Vugalter
Genre: business, science
Annotation:The article describes the inflationary process in the two self-contradictory sections: as a consequence of the uneven development of economic sectors, and in relation to comparable countries with different amounts of gross product. The proposed cognitive canonical model of economic relations as a closed system, possible to prove the theorem at that: 1) there is a form of inflation, which follows directly from the fact of uneven development of industries and to a fair distribution of goods between producers and 2) an increased rate of inflation in the country lagging behind in comparison with the best results from the differences between the levels of unit of GDP in these countries, with the assumption of equal velocities of their growth both in real and nominal terms.
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